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clock Created with Sketch. 04/01/21
09:39
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Originally posted by toly:
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A friend of mine and a Lynas shareholder asked me if it is time to take a profit on Lynas with an eye towards buying shares back after a price correction. I can appreciate the investing philosophy that investments should not be emotional but the corollary should be that investments should not be emotional unless you really understand the business…
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A good summary of where a lot of SHs are at with LYC. I have been in since 2012 and bought more along the way. Sold very few, only when short on cash. However, there are several of us here, who are in our later years and who would like to enjoy some of the rewards of our patience and loyalty, before it’s too late. The question of when to cash out is very relevant for investors in that boat. If I were much younger, I would definitely be hanging in there until Kal comes on line. But unfortunately that is a little to long for me. I think that somewhere along this year may be a time for me to cash out but when is the big question? After the HY results? after full year results? after NASDAQ listing? After NdO price sky rockets?
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